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May 06, 2005

What's Qwest To Do?

At least Qwest announced a good financial report for Q1, so no need to panic.

Having lost the battle for MCI to Verizon, Businessweek says that the future for Qwest might be very cloudy, and it would need a lot of juggling by the its 57-year-old CEO Dick Notebaert to revive the sinking fortunes of the company, which has to clean up its act, and get rid of the $17.3 billion in debt. Options include going after XO Communications and Time Warner Telecom, and become the third option for the business market. “They don’t have any clear exit plans or alternatives,” Timothy Gilbert, a telecom analyst at Principal...

 

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What’s Qwest to do?

Posted on May 6, 2005 01:27 PM by qwest434.
Filed in Phones under qwest.
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